Goods and Services Tax
- General Goods and Services at the tax rate of 8%
- Tourism Goods and Services at the tax rate of 16%
Income Tax
- Banks are subject to income tax at the rate of 25%
- Businesses other than banks are subject to income tax at the rate of 15% on taxable income in excess of MVR 500,000
- Individuals are subject to income tax at the following rates on taxable income:
- not exceeding MVR 720,000 at 0%
- more than MVR 720,000 but not exceeding MVR 1,200,000 at 5.5%
- more than MVR 1,200,000 but not exceeding MVR 1,800,000 at 8%
- more than MVR 1,800,000 but not exceeding MVR 2,400,000 at 12%
- more than MVR 2,400,000 at 15%
Green Tax
- Tourist resort at US$ 6 per day
- Integrated tourist resort at US$ 6 per day
- Resort hotel at US$ 6 per day
- Hotel (located on an uninhabited island or has more than 50 registered rooms) at US$ 6 per day
- Hotel (located on an inhabited island and has 50 or fewer registered rooms) at US$ 3 per day
- Tourist guesthouse (located on an uninhabited island or has more than 50 registered rooms) at US$ 6 per day
- Tourist guesthouse (located on an inhabited island and has 50 or fewer registered rooms) at US$ 3 per day
- Tourist vessel at US$ 6 per day
Departure Tax
- Economy Class: for Maldivian passengers at US$ 12, and foreign passengers at US$ 30
- Business Class: for Maldivian passengers at US$ 60, and foreign passengers at US$ 60
- First Class: for Maldivian passengers at US$ 90, and foreign passengers at US$ 90
- Private Jet: for Maldivian passengers at US$ 120, and foreign passengers at US$ 120
Airport Development Fee
- Economy Class: for Maldivian passengers at US$ 12, and foreign passengers at US$ 30
- Business Class: for Maldivian passengers at US$ 60, and foreign passengers at US$ 60
- First Class: for Maldivian passengers at US$ 90, and foreign passengers at US$ 90
- Private Jet: for Maldivian passengers at US$ 120, and foreign passengers at US$ 120